Is MITCHAM a good suburb for positive geared property investment in Australia?

MITCHAM in SA currently features property rental yields up to 2.5% with a 12-month capital growth value of Up 5.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MITCHAM 5062?

The median house price in MITCHAM 5062 is approximately $1,700,000 based on the latest tracked market indices.

Investment Spotlight • Australia

MITCHAM 5062

State: SA

Updated: 6 August 2026

PosiProp AI Investment Summary

MITCHAM (SA 5062) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.5% and has experienced a 12-month capital growth of Up 5.9%, with a median house buy price of $1,700,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,140,000

Not available 2.5% Yield

3 house • buy

$1,505,000

Up 6.0% 2.6% Yield

4 house • buy

$1,890,000

Up 8.3% 2.6% Yield

all house • buy

$1,700,000

Up 5.9% 2.5% Yield

Suburb Market Profile

Last month Mitcham had 4 properties available for rent and 8 properties for sale. Median property prices over the last year range from $1,700,000 for houses to $730,000 for units. If you are looking for an investment property, consider houses in Mitcham rent out for $820 PW with an annual rental yield of 2.5% and units rent for $530 PW with a rental yield of 3.9%. Mitcham has seen an annual compound growth rate of 5.9% for houses and 14.1% for units.

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